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Diversified Royalty Corp BEVFF


Primary Symbol: T.DIV Alternate Symbol(s):  T.DIV.DB.A

Diversified Royalty Corp. is a multi-royalty company. The Company is engaged in acquiring royalties from multi-location businesses and franchisors in North America. It owns Mr. Lube + Tires, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademarks. Mr. Lube + Tires is the quick lube service business in Canada, with locations across Canada. AIR MILES is a coalition loyalty program. Sutton is a residential real estate brokerage franchisor business in Canada. Mr. Mikes operates casual steakhouse restaurants in western Canadian communities. Nurse Next Door is a home care provider. Oxford Learning Centres is a franchisee supplemental education service. Stratus Building Solutions is a commercial cleaning service franchise company providing comprehensive environmentally friendly janitorial, building cleaning, and office cleaning services in the United States. BarBurrito is a quick-service Mexican restaurant food chain.


TSX:DIV - Post by User

Comment by maplakon Mar 25, 2024 6:43pm
120 Views
Post# 35951769

RE:Q4 Net profit $9.1 million NOT a loss

RE:Q4 Net profit $9.1 million NOT a loss
Diversified Royalty Q4 Loss Widens Despite Revenue Gains 

MIDNIGHTTRADER - Updated 4 days ago 

05:10 PM EDT, 03/21/2024 (MT Newswires) -- Diversified Royalty (DIV.TO) on Thursday said its fourth-quarter loss widened despite higher revenue. 

The company said it lost C$9.1 million in the period, compared with loss of C$4.5 million in the year-prior quarter.

Revenue rose 26% to C$16.4 million from C$12.7 million.

"The fourth quarter of 2023 once again saw strong performances across most of our royalty partners. Mr. Lube + Tires, our largest royalty partner, continues to produce strong double-digit growth," chief executive Sean Morrison said in a release.

The company's shares closed up C$0.01 to C$2,87.

I was reading this from TD but after all who cares. I have explained myself  1000 x why I switched the most of DIV to AD.UN . As I got older I started to think large.
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